Nunavut Economic Development Strategy Renewal

NEDS2

The first Nunavut Economic Development Strategy (NEDS1) was launched in June 2003 and reached the end of its ten-year life in the spring of 2013.

In order to develop the second Nunavut Economic Development Strategy (NEDS2) key stakeholders were invited to Sivummut IV from December 1 – 4, 2014. You can read the conference notes to hear what was discussed.

The Nunavut Economic Forum (NEF), established in 2004 as an integral part of NEDS1, is a broad group of member organizations developed to identify and share information on economic development activity in Nunavut. The primary focus for the organization is to bring the members together to collaborate in the implementation of The Nunavut Economic Development Strategy, each within their own area of activity and expertise.

The renewal of the Nunavut Economic Development Strategy (NEDS2) will result in another broad economic plan for Nunavut as we move forward from 2014 to 2024. This renewal is co-sponsored by Nunavut Tunngavik Inc. (NTI), the Canadian Northern Economic Development Agency (CanNor) and the Government of Nunavut’s Economic Development and Transportation Department (ED&T). The NEF membership has also decided that this will be their primary activity until the new strategy is released in early 2015.